Arkansas Business Startup Guides

Open a Business in Hot Springs National Park, Arkansas

Need help starting a business in Hot Springs National Park, Arkansas? We've got the information you need to open a business in Hot Springs National Park.

Which Business to Choose?

There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Good Business Ideas.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.

Always keep in mind that your new business will be in Hot Springs National Park. Some businesses will do better in Hot Springs National Park than others. Study Hot Springs National Park demographics and do a competitive analysis as part of your startup planning process.

Hot Springs National Park, Arkansas Demographic Information

Hot Springs National Park has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Hot Springs National Park demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Hot Springs National Park.

Business Size
# of
Businesses
1-4 Employees
3803
5-9 Employees
1509
10-19 Employees
810
20-49 Employees
543
50-99 Employees
198
100-249 Employees
72
250-499 Employees
30
500-999 Employees
6
1000+ Employees
3
All Hot Springs National Park Businesses
6974

As a new Hot Springs National Park entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hot Springs National Park for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.

Business Type
# of
Businesses
Advertising Agencies
5
Aircraft Manufacturing
1
Aluminum Extruded Product Manufacturing
1
Ambulance Services
2
Amusement and Theme Parks
1
Amusement Arcades
1
Animal (except Poultry) Slaughtering
1
Architectural Services
4
Armored Car Services
1
Art Dealers
4
Automotive Exhaust System Repair
2
Automotive Glass Replacement Shops
5
Automotive Parts and Accessories Stores
13
Automotive Transmission Repair
1
Beauty Salons
18
Bed-and-Breakfast Inns
5
Beer and Ale Merchant Wholesalers
2
Beer, Wine, and Liquor Stores
16
Blood and Organ Banks
2
Boat Building
1
Boat Dealers
6
Books Printing
1
Bottled Water Manufacturing
1
Bowling Centers
2
Business Associations
4
Cable and Other Program Distribution
2
Cafeterias
1
Car Washes
2
Caterers
4
Cemeteries and Crematories
1
Charter Bus Industry
1
Child Day Care Services
23
Children's and Infants' Clothing Stores
3
Civic and Social Organizations
13
Claims Adjusting
1
Coin-Operated Laundries and Drycleaners
4
Collection Agencies
2
Commercial Gravure Printing
1
Commercial Lithographic Printing
4
Commercial Screen Printing
1
Commodity Contracts Brokerage
1
Computer and Software Stores
4
Concrete Block and Brick Manufacturing
2
Confectionery and Nut Stores
1
Construction Sand and Gravel Mining
1
Continuing Care Retirement Communities
1
Convenience Stores
9
Cosmetology and Barber Schools
1
Couriers
5
Custom Computer Programming Services
4
Dental Laboratories
3
Diagnostic Imaging Centers
1
Diet and Weight Reducing Centers
1
Direct Life Insurance Carriers
4
Document Preparation Services
1
Drafting Services
1
Drywall and Insulation Contractors
9
Educational Support Services
2
Electric Power Distribution
5
Electrical Contractors
33
Electronic Shopping
3
Elementary and Secondary Schools
5
Emergency and Other Relief Services
1
Engineering Services
22
Exam Preparation and Tutoring
1
Exterminating and Pest Control Services
6
Family Clothing Stores
17
Fine Arts Schools
2
Finish Carpentry Contractors
8
Fitness and Recreational Sports Centers
7
Flooring Contractors
4
Florists
8
Flour Milling
1
Food (Health) Supplement Stores
3
Food Service Contractors
1
Footwear and Leather Goods Repair
1
Footwear Merchant Wholesalers
2
Freight Transportation Arrangement
1
Fruit and Vegetable Markets
1
Full-Service Restaurants
92
Funeral Homes and Funeral Services
3
Furniture Stores
11
General Automotive Repair
12
General Freight Trucking, Local
3
General Rental Centers
3
General Warehousing and Storage
3
Gift, Novelty, and Souvenir Stores
24
Glass and Glazing Contractors
3
Golf Courses and Country Clubs
3
Grantmaking Foundations
2
Hardware Merchant Wholesalers
2
Heating Oil Dealers
1
Hobby, Toy, and Game Stores
2
Home Centers
6
Home Furnishing Merchant Wholesalers
1
Home Health Care Services
5
Home Health Equipment Rental
4
Homes for the Elderly
4
Hydroelectric Power Generation
1
Industrial Mold Manufacturing
1
Industrial Sand Mining
1
Insurance Agencies and Brokerages
51
Interior Design Services
2
Internet Publishing and Broadcasting
1
Internet Service Providers
2
Investment Advice
2
Janitorial Services
18
Jewelry Stores
7
Kidney Dialysis Centers
2
Land Subdivision
5
Landscaping Services
27
Lessors of Other Real Estate Property
4
Limited-Service Restaurants
68
Limousine Service
1
Local Messengers and Local Delivery
1
Locksmiths
1
Logging
6
Machine Shops
3
Manufactured (Mobile) Home Dealers
9
Marketing Consulting Services
3
Masonry Contractors
6
Mattress Manufacturing
1
Meat Markets
1
Meat Processed from Carcasses
1
Media Representatives
1
Medical Laboratories
2
Metal Window and Door Manufacturing
1
Miscellaneous Intermediation
4
Mobile Food Services
1
Mortgage and Nonmortgage Loan Brokers
3
Motion Picture and Video Production
1
Motor Vehicle Towing
5
Motorcycle Dealers
3
Musical Groups and Artists
1
Musical Instrument and Supplies Stores
1
Natural Gas Distribution
1
New Car Dealers
8
New Housing Operative Builders
4
Newspaper Publishers
2
Nonresidential Property Managers
2
Office Administrative Services
6
Office Equipment Merchant Wholesalers
1
Office Supplies and Stationery Stores
1
Offices of Bank Holding Companies
1
Offices of Certified Public Accountants
22
Offices of Chiropractors
7
Offices of Dentists
35
Offices of Optometrists
10
Offices of Other Holding Companies
1
Offices of Podiatrists
2
Offices of Real Estate Appraisers
7
Open-End Investment Funds
2
Optical Goods Stores
4
Outdoor Power Equipment Stores
1
Paint and Coating Manufacturing
1
Paint and Wallpaper Stores
4
Painting and Wall Covering Contractors
7
Parking Lots and Garages
3
Passenger Car Rental
1
Periodical Publishers
1
Pet and Pet Supplies Stores
3
Petroleum Bulk Stations and Terminals
4
Pharmacies and Drug Stores
15
Photography Studios, Portrait
8
Plastics Bottle Manufacturing
1
Plastics Plumbing Fixture Manufacturing
1
Poultry Processing
1
Primary Aluminum Production
1
Professional Employer Organizations
1
Professional Organizations
2
Quick Printing
3
Racetracks
1
Radio Networks
1
Radio Stations
4
Ready-Mix Concrete Manufacturing
3
Recreational Goods Rental
1
Recreational Vehicle Dealers
2
Repossession Services
1
Residential Property Managers
5
Residential Remodelers
19
Roofing Contractors
2
Sales Financing
2
Sawmills
2
Scheduled Passenger Air Transportation
1
Securities Brokerage
17
Security Guards and Patrol Services
3
Septic Tank and Related Services
2
Sheet Metal Work Manufacturing
1
Shoe Stores
11
Sign Manufacturing
5
Site Preparation Contractors
9
Snack and Nonalcoholic Beverage Bars
7
Soft Drink Manufacturing
1
Solid Waste Collection
3
Sporting Goods Stores
9
Sports and Recreation Instruction
1
Tax Preparation Services
6
Taxi Service
1
Telecommunications Resellers
1
Telephone Answering Services
1
Telephone Apparatus Manufacturing
1
Temporary Help Services
2
Temporary Shelters
1
Theater Companies and Dinner Theaters
2
Tile and Terrazzo Contractors
2
Tire and Tube Merchant Wholesalers
1
Tire Dealers
8
Title Abstract and Settlement Offices
3
Tobacco Stores
11
Tour Operators
1
Travel Trailer and Camper Manufacturing
2
Truss Manufacturing
1
Used Car Dealers
11
Used Household and Office Goods Moving
2
Used Merchandise Stores
11
Vending Machine Operators
3
Veterinary Services
12
Vocational Rehabilitation Services
4
Voluntary Health Organizations
3
Warehouse Clubs and Supercenters
2
Wholesale Trade Agents and Brokers
9
Wired Telecommunications Carriers
4
Women's Clothing Stores
16
Wood Container and Pallet Manufacturing
1
Zoos and Botanical Gardens
2

Is a Franchise Opportunity Right For You?

Examine a list of Hot Springs National Park businesses and you'll notice that many local entrepreneurs have gone the franchising route. Would going with a franchise be a good idea for you?

We highly recommend you consider franchising as an option. We have many articles on franchises, such as Staffing a Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.

Note on Hot Springs National Park Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Hot Springs National Park.

Choosing a Company Name

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

As a final piece of advice, remember that because you are planning on starting a business in Hot Springs National Park, it's very important that you make sure no other Arkansas company is using the business name you want to use.

Company Formation in Hot Springs National Park, Arkansas

It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Arkansas, you don't necessarily have to incorporate in Arkansas. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Nevada Incorporation. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Hot Springs National Park, Arkansas, our information on Incorporating in Arkansas may be a useful resource if you decide to incorporate in Arkansas.

Make Sure You Have a Business Plan

Creating a business plan is vital in laying a solid foundation for your business success. In effect, your business plan is your game plan for how you hope to grow your business. Not having a business plan

To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Arkansas.

Now It's Up To You

You have a dream -- starting a business in Hot Springs National Park. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

Our goal here is to promote the vitality and growth of small businesses in Hot Springs National Park and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Hot Springs National Park, Arkansas

Here are more links that we believe will help you be successful in starting a business in Hot Springs National Park.

More Business Startup Guides for Arkansas

Starting a Business in Horseshoe Bend
Starting a Business in Hot Springs Village

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